General News
Gasoline Costs 50% More Than It Did Before the Iran War
The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon on May 5, according to AAA.
FourKites Debuts AI‑Driven Ocean Booking Platform
FourKites announced on May 5 an ocean freight booking platform designed to autonomously select carriers, execute bookings and manage documentation.
FedEx Freight’s Smith Sees More RNG Tractors Ahead
"Sustainability is only sustainable if it makes business sense. You can only make a difference if you stay in business,” FedEx Freight's John Smith said.
US Gasoline Inventories Face Record Summer Lows
U.S. gasoline inventories are on pace to drop to historical seasonal lows by late summer, further straining a tight fuel market upended by the war in Iran.
Lucid Misses Revenue Expectations After Delivery Disruptions
Lucid posted lower-than-expected revenue after a supply chain challenge slowed February vehicle deliveries — another blow for the EV maker.
VTNA Unveils EPA 2027-Compliant D13 Engine
VTNA on May 4 pulled back the curtain on a D13 engine compatible with 2027 U.S. Environmental Protection Agency nitrogen oxide emissions standards.
Marathon Leaning Into Unusual Fuel Voyages During Iran War
Marathon sent tankers on a range of routes in the Iran war's first months, taking advantage of supply disruptions for gasoline, diesel and jet fuel, executives said.
Cummins Improves Outlook After Q1 Results
Cummins raised its outlook for the year as truck order activity and the spot market improved during the first quarter of 2026, the company reported May 5.
VTNA to Begin Taking VNL Electric Orders by End of 2026
VTNA expects to begin taking orders for the VNL Electric tractor by the end of 2026, the truck maker’s top executive told 2026 ACR Expo attendees.
Augment Expands Into Wholesale Distribution With Merlin Deal
Augment acquired Merlin, an AI startup focused on wholesale distribution, and will integrate its technology into Augie, the company’s flagship AI platform.
Volvo Introduces Electric PTO for VNR Electric
Volvo Trucks North America introduced mechanical electric power takeoff for the VNR Electric tractor during ACT Expo 2026.
Renewable Fuels Gain Momentum in Trucking
Renewable diesel, high-blend biodiesel and renewable natural gas are becoming more attractive options for fleet operators for multiple reasons.
Ford's $30,000 Electric Pickup Is Miles Away From Lightning
Designers and engineers are working on simplifying and speeding up development of what the company says will be a sleek, lightweight plug-in pickup truck.
Oil Prices Retreat as Hormuz Remains Largely Closed
The price for a barrel of Brent crude, the international standard, fell 2.7% to $111.43.
Hino Launches Classes 6-7 Battery-Electric Truck
The Le Series is available in both 25,950-pound and 33,000-pound configurations. Production is scheduled to begin in the third quarter of 2026.
US Trade Gap Widened in March as Imports Outpaced Exports
The gap in goods and services trade grew 4.4% from the prior month to $60.3 billion, Commerce Department data showed May 5.
ADM Raises Profit Outlook as US Biofuel Policy Boosts Demand
ADM shares were up 1% in premarket trading. The stock has climbed more than 30% so far this year, bolstered by optimism for policies that increase the use of biofuels.
Anheuser-Busch InBev Reports Unexpected Rise in Beer Demand
The world’s largest brewer reported a 0.8% rise in organic volume growth in the first quarter, with beer up by 1.2% according to a statement May 5.
MicroVision Expands Lidar Portfolio After Two Acquisitions
MicroVision is expanding its portfolio of lidar sensors and perception software to support advanced driver-assistance systems and autonomous driving.
Mack Doubles Battery-Electric Infrastructure Program Size
ABM and Lane Valente Industries will join InCharge Energy and Heliox as turnkey solutions providers supporting Mack’s battery-electric models.